JAKOVICH KIM L 4

What Happened Kim L. Jakovich, Senior Vice President of Commerce Bancshares, reported a sale of 949 shares on March 5, 2026. The transaction was reported as an open market or private sale (code S) at $51.45 per share, for proceeds of roughly $48,826. This was a sale (a disposition of shares), which is often routine insider selling and does not by itself indicate company outlook.

Key Details

• Transaction date: 2026-03-05; Report filed: 2026-03-09 (filed 4 days after the trade; Form 4s are normally due within two business days)
• Price per share: $51.45
• Shares sold: 949; Proceeds: approximately $48,826
• Shares owned after transaction: not specified in the information provided in this summary
• Filing notes: the Form 4 lists the trade as an open market or private sale (S); no 10b5-1 plan, tax withholding, or other footnotes were disclosed in the details provided

Context Sales by officers can be for many personal reasons (diversification, taxes, liquidity) and are common; they do not necessarily signal management’s view on the company. Because the filing was made several days after the transaction, investors should note the timeliness issue but otherwise treat this as a routine insider sale unless further disclosures are made.